A major advantage of the corporate form of business organization is the concept of limited liability.
Answer the following statement true (T) or false (F)
True
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According to this Application, when the states got into fiscal difficulties in the 1840s through overly ambitious infrastructure projects, the federal government
A) again bailed out all the states. B) did not bail out any of the states. C) bailed out only the northern states, but not the southern states. D) only bailed out the states which comprised the original 13 colonies.
In 2010, the Center for Disease Control has recommended that every child between the ages of 6 months and 18 years be vaccinated,
except those with a serious egg allergy. Dr. Berreman states,"By protecting ourselves from flu, we also protect our families and neighbors." Which is a solution that could be used to achieve a more efficient allocation of resources in the presence of this externality? A) The government could tax the producers of the flu vaccine. B) The government could tax the consumers of the flu vaccine. C) The government could offer a free flu vaccine clinic. D) The government could increase the price of flu vaccines.
The central authority of the U.S. banking system is the:
A. Federal Open Market Committee (FOMC). B. Board of Governors of the Federal Reserve. C. Federal Monetary Authority. D. Council of Economic Advisers.
An increase in personal income taxes would shift AD to the:
A. Right because C will increase B. Left because C will decrease C. Right because G will increase D. Left because G will decrease